<ARTICLE> 5
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                          10,133
<SECURITIES>                                   755,257
<RECEIVABLES>                                3,637,117
<ALLOWANCES>                                    63,245
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                          36,884
<DEPRECIATION>                                (18,405)
<TOTAL-ASSETS>                               4,357,741
<CURRENT-LIABILITIES>                           74,344
<BONDS>                                      3,428,055
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           809
<OTHER-SE>                                     854,533
<TOTAL-LIABILITY-AND-EQUITY>                 4,357,741
<SALES>                                              0
<TOTAL-REVENUES>                                77,331<F1>
<CGS>                                                0
<TOTAL-COSTS>                                   45,695
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 4,316
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 27,320
<INCOME-TAX>                                  (24,626)
<INCOME-CONTINUING>                             51,946
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    51,946
<EPS-BASIC>                                       0.70
<EPS-DILUTED>                                     0.69
<FN>
<F1>Includes 55,284 of interest expense related to mortgage loan activities
</FN>